Real estate hyperinflation is a scourge of the modern world. It is time for cities and even countries to act to curtail absentee landlords playing Ponzi games w

Real estate hyperinflation is a scourge of the modern world. It is time for cities and even countries to act to curtail absentee landlords playing Ponzi games with real estate to the extreme detriment of cities, culture, and the real economy. This is the worst kind of non productive market pathology... Worse in many ways than stock market bubbles and non-physical financial Ponzi schemes. Kudos for pointing out the complicity of baby boomer land owners in this. It's another way for them to screw their children, something they've been systemically good at.